Funding you earn now, next payment 07:00 UTC−0.0148%/8h= −16.2% APRpaid last 24h −0.036%
Price spread now: edgeX against Lighter RH−0.521%50s7-day average −0.131% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$150.148% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 7 days+0.485%+$48 · spread now −0.521%, 7d avg −0.131%
=Together, before fees+0.447%+ Points / potential airdropLighter RH: Points live · edgeX: Active · farm board+$45 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and edgeX is 0.390% cheaper against Lighter RH than usual: you would sell low and buy high (−$39 if the spread goes back to its 7-day average of −0.131%). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ZEC | 1,507.2 | 0.0248 | pay 0.0031% / 1h | 14m 23s | $2.1M | $7.4M | 10x |
| Short | edgeX ZECUSDC | 1,499.3 | 0.0100 | get 0.0050% / 4h | 1h 14m | $574K | $9.0M | 20x |
Lighter RH ZEC
edgeX ZECUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Lighter RH. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$31.08
- Price spread: −0.521% → −0.131%
- −$39
- Slippage, 4 orders
- −$5.83
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$84.91
- Costs to cover
- 0.148%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 4 min ago; edgeX: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter RH live order book, 4 min ago | 0.80 bp | 3.1 bp −$3 | 6.6 bp −$66 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 5 min ago | 0.37 bp | 4.9 bp −$5 | 8.1 bp −$81 | doesn't fit | doesn't fit |
ZEC on 50 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3684% | 1h | 1,478.1 | −1.929% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,499.9 | −0.485% | $61K | $304K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0171% | 8h | 1,503.4 | −0.251% | $30.5M | $75.4M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0096% | 1h | 1,499.3 | −0.521% | $18.2M | $46.5M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,505.4 | −0.118% | $6K | $1K | 10x | as long as short |
| Bulk ZEC-USD | −0.0051% | 1h | 1,487.2 | −1.328% | $898K | $9K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,503.3 | −0.257% | $418K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,501.9 | −0.353% | $1.6M | $4.6M | 2.2x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,499.5 | −0.509% | $685K | $1.4M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,501.8 | −0.354% | $5.3M | — | 150x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
BloFin ZEC-USDT
Kraken Futures PF_ZECUSD
Hotstuff ZEC-PERP
Bulk ZEC-USD
dYdX ZEC-USD
Kalshi KXZECPERP
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USDShow all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps ZECUSD | +0.0047% | 1h | 1,495.2 | −0.793% | $48K | $64K | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0079% | 8h | 1,498.5 | −0.574% | $302K | $1.1M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,504.4 | −0.183% | $171K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,504.4 | −0.184% | $12K | $879K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,503.8 | −0.224% | $2.9M | $7.3M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,501 | −0.411% | $14.0M | $30.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,505.5 | −0.111% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,501.2 | −0.395% | $699.4M | $2.31B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,499.1 | −0.533% | $268.4M | $632.0M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,499.3 | −0.522% | $183.3M | $1.34B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,497.5 | −0.642% | $410K | $522K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,501.1 | −0.405% | $54.9M | $186.1M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,502 | −0.344% | $248.1M | $795.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,503.5 | −0.245% | $103.4M | $57.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,499.3 | −0.520% | $161.3M | $289.5M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,500.8 | −0.423% | — | $116.9M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,498.8 | −0.553% | $49.0M | $34.7M | — | as long as short |
| edgeX ZECUSDCshort | +0.0100% | 4h | 1,499.3 | −0.521% | $574K | $9.0M | 20x | |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,497.4 | −0.648% | $3.1M | $510K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,501.6 | −0.369% | $413K | $941K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,500 | −0.475% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,504.2 | −0.197% | $361K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,501.3 | −0.393% | $165K | $184K | 20x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,501.4 | −0.381% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,499.1 | −0.535% | $255K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,500.4 | −0.449% | $2.7M | $20.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,500.1 | −0.470% | $4.0M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,505.2 | −0.130% | $62K | $43K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,499.1 | −0.533% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,499 | −0.545% | $43K | $151K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0128% | 1h | 1,505.1 | −0.141% | $8K | $7K | 5x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,505.3 | −0.122% | $942K | $1.1M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0133% / S −0.0126% | 1h | 1,502.1 | −0.339% | $398K | — | 100x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,501.5 | −0.377% | $4.8M | $1.4M | 10x | as long as short |
| Hyperliquid ZEC | +0.0194% | 1h | 1,503.6 | −0.237% | $782.5M | $444.8M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0220% | 1h | 1,504.8 | −0.159% | $2.4M | $3.9M | 15x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,505.5 | −0.111% | $607K | $8.7M | 10x | as long as short |
| Lighter RH ZEClong | +0.0248% | 1h | 1,507.2 | long leg | $2.1M | $7.4M | 10x | |
| Lighter ZEC | +0.0296% | 1h | 1,506.7 | −0.032% | $19.8M | $46.5M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,504.9 | −0.152% | $3.7M | $10.2M | 50x | as long as short |
Aftermath Perps ZECUSD
Orderly PERP_ZEC_USDC
Popdex ZECUSDT
Katana Perps ZEC-USD
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Variational Omni ZEC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Paradex ZEC-USD-PERP
Extended ZEC-USD
Aevo ZEC-PERP
01 Exchange ZECUSD
RISEx ZEC/USDC
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZEC
Hyperliquid ZEC
Backpack ZEC_USDC_PERP
Arcus ZEC-USD
Lighter ZEC
Coinbase International ZEC-PERP-INTX